Aditya Birla Sun Life Insurance vs Bajaj Allianz Life Insurance
On CSR alone: Bajaj Allianz Life leads with a higher claim settlement ratio in FY 2023-24. But CSR is one data point — also compare plans, premiums, and network before deciding.
ABSLI — Strengths
- +97.47% claim settlement ratio (2023-24)
- +Guaranteed return saving plans for low-risk buyers
- +Strong distribution via Axis Bank and Birla branches
Bajaj Allianz Life — Strengths
- +99.07% claim settlement ratio (2023-24)
- +Large rider menu for customising cover
- +Good value on monthly premium payment terms